FT Vest Bitcoin Strategy & Target Income ETF (NYSEARCA:DFII) Short Interest Up 4,910.1% in April

FT Vest Bitcoin Strategy & Target Income ETF (NYSEARCA:DFII) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 4,960 shares, an increase of 4,910.1% from the March 31st total of 99 shares. Based on an average daily trading volume, of 13,646 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the company’s shares are short sold.

FT Vest Bitcoin Strategy & Target Income ETF Stock Performance

NYSEARCA DFII opened at $14.84 on Friday. The company has a 50-day simple moving average of $13.75 and a two-hundred day simple moving average of $17.13. FT Vest Bitcoin Strategy & Target Income ETF has a 12-month low of $12.34 and a 12-month high of $26.52.

Institutional Trading of FT Vest Bitcoin Strategy & Target Income ETF

Several institutional investors have recently added to or reduced their stakes in the business. Andina Capital Management LLC boosted its position in FT Vest Bitcoin Strategy & Target Income ETF by 12.6% during the first quarter. Andina Capital Management LLC now owns 138,929 shares of the company’s stock valued at $1,848,000 after buying an additional 15,531 shares during the period. Insight Advisors LLC PA boosted its position in FT Vest Bitcoin Strategy & Target Income ETF by 13.7% during the fourth quarter. Insight Advisors LLC PA now owns 134,364 shares of the company’s stock valued at $2,398,000 after buying an additional 16,164 shares during the period. SteelPeak Wealth LLC purchased a new stake in FT Vest Bitcoin Strategy & Target Income ETF during the third quarter valued at about $409,000. Maridea Wealth Management LLC purchased a new stake in FT Vest Bitcoin Strategy & Target Income ETF during the first quarter valued at about $194,000. Finally, Capital CS Group LLC purchased a new stake in FT Vest Bitcoin Strategy & Target Income ETF during the fourth quarter valued at about $228,000.

About FT Vest Bitcoin Strategy & Target Income ETF

The First Trust Exchange-Traded Fund, specifically the FT Vest Bitcoin Strategy & Target Income ETF (DFII), aims to provide income with a secondary goal of partial participation in bitcoin returns. It uses options strategies to achieve this without directly investing in bitcoin